Alphabet Stock

Alphabet Stock refers to the shares of Alphabet Inc., the parent company of Google and several other technology and internet-related businesses. Alphabet was formed as part of a corporate restructuring of Google on October 2, 2015. The company trades on the NASDAQ stock exchange under different classes of stock: Class A (GOOGL) which grants shareholders voting rights, and Class C (GOOG) which does not. Alphabet's stock is considered a significant indicator of the performance of the technology sector and the overall stock market due to the company's substantial influence, revenues, and innovations in areas such as search, advertising, cloud computing, and consumer electronics. Investors often look at Alphabet Stock as a symbol of growth potential in the digital economy.